Zeroing in on the Expected Returns of Anomalies
Andrew Y. Chen and Mihail Velikov We zero in on the expected returns of long-short portfolios based on 204 stock market anomalies... Learn More
Earnings Growth and Acquisition Returns: Do Investors Gamble in the Takeover Market?
Tingting Liu and Danni Tu We document a strong positive initial market reaction to merger announcements from bidders with either large earnings... Learn More